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Yen drops as Bank of Japan maintains key interest rate

The yen weakened against the dollar Thursday after the Bank of Japan kept borrowing costs unchanged, extending a retreat for the currency that came after the Federal Reserve forecast fewer rate cuts.

Asian markets track Wall St rout as Fed pares rate-cut forecast

Asian markets sank Thursday and the dollar held gains following a severe sell-off on Wall Street that came after the Federal Reserve halved its rates outlook and boss Jerome Powell warned officials' focus was back on fighting inflation.

US Fed signals fewer cuts, sending stocks tumbling

The US Federal Reserve on Wednesday cut interest rates by a quarter point and signaled a slower pace of cuts ahead, triggering a sharp sell-off in the financial markets.

Trump opposes deal to avert government shutdown

US president-elect Donald Trump urged Republican lawmakers Wednesday to scupper a cross-party deal to avert a fast-looming US government shutdown.

US stocks tumble, dollar rallies as Fed signals fewer 2025 rate cuts

Wall Street stocks tumbled and the dollar rallied Wednesday after the Federal Reserve lowered borrowing rates again but projected fewer 2025 interest rate cuts in light of lingering inflation concerns.

US Supreme Court agrees to hear TikTok ban case

The US Supreme Court agreed on Wednesday to hear TikTok's appeal of a law that would force its Chinese owner to sell the online video-sharing platform or shut it down.

Stocks and dollar edge higher before Fed rate decision

Stock markets mostly edged higher while the dollar rose against main rivals Wednesday ahead of an expected decision by the US Federal Reserve to cut interest rates.

Stock steady, dollar climbs before Fed rate decision

Stock markets moved sideways while the dollar edged higher against main rivals Wednesday with the US Federal Reserve expected to cut interest rates.

UK electricity grid set for 'unprecedented' £35 bn investment

National Grid unveiled Wednesday a massive plan to nearly double the transmission capacity of the UK's electricity grid, boosting the British government's net zero ambitions.

Germany criticises UniCredit's 'unfriendly' moves on Commerzbank

Italian bank UniCredit's move to increase its stake in German lender Commerzbank, which further fuelled speculation of a takeover bid, was "uncoordinated and unfriendly", the German government said Wednesday.

Syrians face horror, fearing loved ones may be in mass graves

After losing hope of finding his two brothers among those freed from Syrian jails, Ziad Alaywi was filled with dread, knowing there was only one place they were likely to be: a mass grave.

Dutch authorities fine Netflix 4.75 mn euros over personal data use

Dutch authorities fined video streaming giant Netflix 4.75 million euros ($4.98 million) Wednesday over its handling of subscribers' personal data, which it said was unclear or incomplete in several respects.

Further hike in UK inflation hits rate cut chance

UK annual inflation climbed further above the Bank of England's target rate in November, official data showed Wednesday, firming expectations that it will avoid cutting interest rates this week.

Stock markets, dollar climb before Fed rate decision

Stock markets mostly climbed and the dollar steadied against main rivals Wednesday with the US Federal Reserve set to cut interest rates.

Syria's first flight since Assad's fall takes off

The first commercial flight since the ouster of president Bashar al-Assad took off from Damascus airport on Wednesday, offering Syrians a glimmer of hope after years of war and decades of oppression.

Shares in Japan chipmaker Kioxia jump 10% on Tokyo debut

Shares in Japanese chipmaker Kioxia closed 10 percent higher in Tokyo on Wednesday after an initial public offering that valued the firm at more than $5 billion.

Shares in Japan chipmaker Kioxia jumps 10% on Tokyo debut

Shares in Japanese chipmaker Kioxia closed 10 percent higher in Tokyo on Wednesday after an initial public offering that valued the firm at more than $5 billion.

Asian markets mixed ahead of Fed news, Nissan soars on merger reports

Asian markets swung Wednesday ahead of the Federal Reserve's much-anticipated policy announcement, while shares in Japanese car titan Nissan soared more than 20 percent after reports said it was in merger talks with rival Honda.

France mass rape trial triggers soul-searching in Spain

France's notorious mass rape trial has generated an enormous echo in Spain, a pioneer in the fight against gender-based violence, and highlighted the often overlooked scourge of domestic sexual violence.

Floor-length and horns: Namibia's Herero dress endures

From his humble Windhoek workshop, Namibia's leading fashion designer is keeping alive the love for the Herero people's traditional dress with horned headgear, a full-length skirt and a link to German colonisers accused of genocide.

Japanese carmakers Honda, Nissan in preliminary merger talks: reports

Japanese auto giants Honda and Nissan are in preliminary merger talks to help them compete against Tesla and Chinese electric vehicle makers, media reports said Wednesday.

US Fed expected to cut again, despite uncertain path ahead

The US Federal Reserve is widely expected to cut interest rates by a quarter point on Wednesday and signal a slower pace of cuts ahead, brushing off uncertainty about inflation's downward path and the possible impact of some of President-elect Donald Trump's economic proposals.

Shares in Japan chipmaker Kioxia rally on Tokyo debut

Shares in Japanese chipmaker Kioxia rallied more than seven percent on their debut in Tokyo on Wednesday after an initial public offering that valued the firm at more than $5 billion.

True blue tradition: how Japan's coveted jeans are made

Call it an antidote to fast fashion: Japanese jeans hand-dyed with natural indigo and weaved on a clackety vintage loom, then sold at a premium to global denim connoisseurs.

Asian markets diverge ahead of Fed news, Nissan soars on merger reports

Asian markets swung Wednesday ahead of the Federal Reserve's much-anticipated policy announcement, while shares in Japanese car titan Nissan soared more than 20 percent after reports said it was in merger talks with rival Honda.

Hungarian Lego artist wows with his very grand designs

To build his giant Lego structures which usually take hundreds of thousands of bricks, Hungarian artist Balazs Doczy first must solve major "engineering challenges".

Cuba's 'invisible' tragedy: US-bound migrants who disappear in the Caribbean

In the early hours of January 3, 2023, 32 people climbed onto a makeshift raft off southern Cuba and set out across the Caribbean for Florida, 170 kilometers (100 miles) away.

'Everybody wants to be my friend': Trump feels the love

A shock outsider when he was first elected president eight years ago -- and a pariah when he left office -- Donald Trump appears to be the most popular person in America as far as the rich and powerful are concerned.

Japan's Honda and Nissan in preliminary merger talks: reports

Japanese auto giants Honda and Nissan are in preliminary merger talks, media reports said Wednesday.

Japan's Honda and Nissan to begin merger talks: report

Japanese auto giants Honda Motor and Nissan Motor will enter talks on a merger aimed at helping them compete against Tesla and other electric vehicle makers, newspaper Nikkei reported early Wednesday.

Stock markets mostly drop ahead of Fed policy update

Major stock markets mostly fell Tuesday as attention turned to the Federal Reserve's upcoming policy decision, with traders hoping for guidance on its interest rate plans as President-elect Donald Trump prepares to take office.

US Fed begins final 2024 rate meeting with cut expected

The US Federal Reserve began its last interest rate meeting of the year on Tuesday, with expectations high for another rate cut and a signal from policymakers that the pace of cuts will slow next year.

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